Rayon Fibers Market: Global Industry Analysis and Forecast (2023-2029)

Global Rayon Fibers Market size was valued at US$ 22.17 Bn in 2022 and the total revenue is expected to grow at 6% through 2023 to 2029, reaching nearly US$ 33.35 Bn in the forecast period. The Rayon Fibers market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global Rayon Fibers market report also provides trends by market segments, technology, and investment with a competitive landscape.Rayon Fibers MarketTo know about the Research Methodology :- Request Free Sample Report

Rayon Fibers Market Overview:

Rayon fibers are acquired from the wood, bark or leaves of plants, or from plant-based material. Rayon fibers comprise viscose principal fiber and viscose filament. Rayon fibers are frequently classified as a manufactured fiber and considered to be renewed cellulose. It is derived from naturally occurring cellulose and necessitates widespread processing. Rayon fibers have got inclusive applications in the industrial field, civil field, medical field and others. In the Rayon Fibers industry, there is a high threat of substitute products. If manufacturers retail their goods at greater prices, or the products are of low worth, consumers are able to purchase alternatives from the many competitors present in the market environment. Therefore, essential for the market enterprises in Rayon Fibers to provide a guarantee with the quality of the company is able to tackle the challenge of the threat of substitute. Although rayon fiber is manmade and not a natural fiber, rayon fiber has lot of properties parallel to that of natural polymers. This consist of high luxury and low cost of natural polymers and the drape and slipperiness of nylon fibers. The semi-synthetic character of rayon fibers is appropriate for a varied range of products such as home furnishings, apparels, industrial and medical products. Owing to the large applications of rayon fibers, the global rayon fibers market is projected to rise at a rapid pace. Countries dominating global rayon fibers market are the Asia Pacific like China, India, and Indonesia largely. Rayon fibers are easily damaged by strongly concentrated bleaches as the fiber is manufactured from natural polymers. The elongate exposure to sunlight leads to the reduced asset of rayon fiber.

Rayon Fibers Market Dynamics:

The never-ending demand from the textile industry is one of the foremost factors driving the global rayon fibers market. With the development of the textile sector, the ultimatum for rayon fibers is anticipated to propagate in the coming years.

Growing demand from the automotive and industrial sector

The growing challenge for environmentally friendly vehicles drives the evolution of this market globally. As high insistence rayon fibers are used as a protection in tire strings and tubes in automotive industries. According to the International Energy Agency (IEA), the global stock of electric passenger cars enlarged by 64% reaching 5 million in 2022. Thus, a healthy automotive sector boosts the development of the rayon fibers market. Furthermore, rayon fibers are also used in industrial clothes due to their high durability and strength. Rigorous labor laws coupled with the presence of governing bodies such as the Occupational Safety and Health Administration (OSHA) is expected to increase the petition of rayon fibers for industrial clothing.

The growing fashion industry and changing lifestyle

Collective disposable income and implementation of western culture in evolving nations have boosted the growth of the fashion industry. Furthermore, the rushing demand for rayon fiber for clothing and home-ware, such as blankets, sheets and curtains are enlarging the growth of the rayon fibers market. Bestowing to Trade Map, global spending on import of attires and clothing accessories amplified by 9.1% accounting for $ 4,731,531 in 2022. Enormous spending of youth on attires fashion products is enhancing the market. Also, according to the China Luxury Report, Chinese consumers at home and abroad spent 114 billion on luxury fashion items in 2098 which counterparts to a third of the global spend.

Rayon Fibers Market Segment Analysis:

By Type, it is segmented into viscose rayon, modal rayon, Cupramonium rayon, and others. Viscose. Rayon fiber has dominated the market with a market share of more than 35% in 2022. Viscose fibers have properties parallel to that of cotton, thus replacing cotton fibers in several end-use industries. They are formed by reacting cellulose with sodium hydroxide to form alkali cellulose, which in turn, is reacted with carbon disulphide (CS2) to transform it to cellulose xanthate. Viscose rayon fibers are soft are used for making dresses, ribbons, and decorations and are non-insulating fibers. Surging the use of viscose rayon in apparels, the material fabric is likely to aid the growth of the market. According to the International Trade Centre, global import of viscose rayon fibre improved from 90,479 Tons in 2017 to 101,643 Tons in 2022. By Application, it is segmented into automotive & transportation is further segmented into tire cords, automotive hoses, and brake lining hoses. Personal care is segmented into feminine hygiene products, wipes, diapers, aerospace and defence, manufacturing is divided into industrial hoses, conveyor belts, and industrial fabric. The textile segment is bifurcated into domestic textile and industrial textile and healthcare. The personal care segment is projected to grow with the highest CAGR of 7.9% in the rayon fiber market during the forecast period. This growth is attributed to the flowing uses of rayon fiber in the hygiene products such as sanitary napkins, sanitary towels, tampons, baby diapers, and napkin liners. As the use of rayon fiber provides quick liquid absorption and also provides an outstanding dry surface. According to International Trade Centre (ITC), the world export of sanitary towels and tampons increased from 15,784,360 to 16,311,148 in 2018. China held the largest export market constituting an export value of 1, 80,576 in 2022. Rayon fibers are reasonable alternatives to traditional fabrics as they can be disposed of after each use, which is anticipated to drive the rayon fibers market during the forecast period.

Rayon Fibers Market Regional Insights:

Asia Pacific region holds the largest share of more than 46% in the rayon fibers market in 2022. The growing infrastructural development, climbing Disposable income of the folks, collective birth rate, and higher domestic demand besides the handiness of low-cost labour is anticipated to drive the demand for rayon fibers in the region. Expanding production of baby diaper influenced by the growing birth rate in the Asia Pacific is one of the key factors motivating the demand for rayon fibers in the region. Whereas, the rise in healthcare funds in various constituencies of the APAC drive the demand for surgical clothes, which auxiliary rise the demand for rayon fibers in the market. In 2022, the government of Malaysia allotted a sum of US$ 7.2 billion to the public health division, an increase of 7.8% from 2018. Moreover, cumulative demand for clothing and expansion of textile industries across the country is also assisting the market growth. According to the Indian Brand Equity Foundation (IBEF), India’s textile and apparel exports accounted for US$ 38.80 billion in 2022 and is predictable to upsurge to US$ 82.20 billion by 2022 pouring the growth of the rayon fiber market. The objective of the report is to present a comprehensive analysis of the global Rayon Fibers market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Rayon Fibers market dynamics, structure by analyzing the market segments and project the global Rayon Fibers market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Rayon Fibers market make the report investor’s guide.

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Global Rayon Fibers Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 22.17 Bn.
Forecast Period 2023 to 2029 CAGR: 6% Market Size in 2029: US $ 33.35 Bn.
Segments Covered: by Type Viscose Rayon Modal Rayon, Cupramonium Rayon Others
by Application Automotive & Transport Personal Care Aerospace & Defense Manufacturing Textile Healthcare Other

Rayon Fibers Market, by Region

Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Sugar-Free Chewing Gum Market Key Players are:

1. Aditya Birla Group 2. Lenzing 3. Kelheim 4. Sanyou 5. Sateri 6. Fulida 7. Aoyang Technology 8. Yibin Grace Group 9. Bohi Industry 10. Xiangsheng Group 11. Xinxiang Bailu 12. Silver Hawk Frequently Asked questions 1. What is the market size of the Global Rayon Fibers Market in 2022? Ans. The market size Global Rayon Fibers Market in 2022 was US$ 22.17 Billion. 2. What are the different segments of the Global Rayon Fibers Market? Ans. The Global Rayon Fibers Market  is divided into Application and Type. 3. What is the study period of this market? Ans. The Global Rayon Fibers Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Rayon Fibers Market share? Ans. The Asia Pacific dominates the market share in the  market. 5. What  is the Forecast Period of Global Rayon Fibers Market? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Rayon Fibers Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Rayon Fibers Market 3.4. Geographical Snapshot of the Rayon Fibers Market, By Manufacturer share 4. Global Rayon Fibers Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Sodium Bisulphite Market 5. Supply Side and Demand Side Indicators 6. Global Rayon Fibers Market Analysis and Forecast, 2022-2029 6.1. Global Rayon Fibers Market Size & Y-o-Y Growth Analysis. 7. Global Rayon Fibers Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Viscose Rayon 7.1.2. Modal Rayon, 7.1.3. Cupramonium Rayon 7.1.4. Others 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Automotive & Transport 7.2.1.1. Tire Cords 7.2.1.2. Automotive Hoses 7.2.1.3. Brake Lining Hoses 7.2.2. Personal Care 7.2.2.1. Feminine Hygiene Products 7.2.2.2. Wipes 7.2.2.3. Diapers 7.2.3. Aerospace & Defense 7.2.4. Manufacturing 7.2.4.1. Industrial Hoses 7.2.4.2. Conveyor Belts 7.2.4.3. Industrial Fabric 7.2.5. Textile 7.2.5.1. Domestic textile and Industrial Textile 7.2.6. Healthcare 7.2.7. Other 8. Global Rayon Fibers Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Rayon Fibers Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Viscose Rayon 9.1.2. Modal Rayon, 9.1.3. Cupramonium Rayon 9.1.4. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Automotive & Transport 9.2.1.1. Tire Cords 9.2.1.2. Automotive Hoses 9.2.1.3. Brake Lining Hoses 9.2.2. Personal Care 9.2.2.1. Feminine Hygiene Products 9.2.2.2. Wipes 9.2.2.3. Diapers 9.2.3. Aerospace & Defense 9.2.4. Manufacturing 9.2.4.1. Industrial Hoses 9.2.4.2. Conveyor Belts 9.2.4.3. Industrial Fabric 9.2.5. Textile 9.2.5.1. Domestic textile and Industrial Textile 9.2.6. Healthcare 9.2.7. Other 10. North America Rayon Fibers Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Rayon Fibers Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Rayon Fibers Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Rayon Fibers Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Rayon Fibers Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Rayon Fibers Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Rayon Fibers Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Rayon Fibers Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Rayon Fibers Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Rayon Fibers Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Rayon Fibers Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Rayon Fibers Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Rayon Fibers Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Rayon Fibers Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Rayon Fibers Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Rayon Fibers Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Rayon Fibers Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Rayon Fibers Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Rayon Fibers Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Rayon Fibers Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Rayon Fibers Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Rayon Fibers Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Rayon Fibers Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Rayon Fibers Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Rayon Fibers Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Rayon Fibers Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Rayon Fibers Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Rayon Fibers e Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Rayon Fibers Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Rayon Fibers Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Rayon Fibers Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Rayon Fibers Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Rayon Fibers Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Rayon Fibers Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Rayon Fibers Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Rayon Fibers Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Lenzing 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Aditya Birla Group 45.3.3. Kelheim 45.3.4. Sanyou 45.3.5. Sateri 45.3.6. Fulida 45.3.7. Aoyang Technology 45.3.8. Yibin Grace Group 45.3.9. Bohi Industry 45.3.10. Xiangsheng Group 45.3.11. Xinxiang Bailu 45.3.12. Silver Hawk 46. Primary Key Insights
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